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Industrial Warehouse with Office
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150 Eastern Ave, Chelsea, MA 02150

Industrial/R&D space plus 23,000 square feet of second-floor office within a multi-purpose facility built in 1987.

Space Size1,564 SF
Days on Market940

Property Features for 150 Eastern Ave

General Information

Standard status Active
Size 1,564 SF
Property subtype INDUSTRIAL
Lease Type NNN

Building Details

Year Built 1987

Spaces For Lease

at 150 Eastern Ave Contact us

150 Eastern Ave $22 – $25/SF/Yr

Floor
2
Size
1,564 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, 30 Days
Sublease
No
- A multipurpose warehouse facility with 47,000 square feet of industrial/R&D space...
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Listing Agency: Cushman & Wakefield | Boston
Listed By: Scott Gredler
Source: Moodyscre
Added: Feb 16, 2024 Changed: Sep 3 Last Checked: Sep 12 at 10:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Boston

Investment Insights

Based on property information with market context.

This multi-purpose warehouse facility offers industrial/R&D space along with dedicated second-floor office space, totaling 47,000 square feet of industrial/R&D and 23,000 square feet of office on the upper level. The property was built in 1987 and is set up to support both production or lab-oriented operations and onsite administrative functions.

The asset is located at 150 Eastern Ave in Chelsea, Massachusetts, and is presented for lease as an integrated warehouse and office configuration.

With office space on the second floor and industrial/R&D space on the main level, the building provides a straightforward way to separate day-to-day operations from administrative space while remaining under one roof.

Key Highlights

  • Multipurpose warehouse facility with 47,000 SF of industrial/R&D space
  • Includes 23,000 SF of second‑floor office space
  • Facility built in 1987

Property Analytics

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Current Use

Prosper-IT Tech Support Center Kuehne & Nagel Freight Service Radius International Inc Freight Service ICG Worldwide Freight Service Woodland Group Ltd Freight Service

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Parts Store HVAC Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02150, MA

40,721
Population
14,162
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
69%
High-School Grad
2.2 sq mi
ZIP Area
18,510
Density / Sq Mi
$72,122
Median Household Income
$41,046
Median Earnings
$1,861
Median Rent
$476,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial/R&D space plus 23,000 square feet of second-floor office within a multi-purpose facility built in 1987.
Where is this flex space located?
The property is located at 150 Eastern Ave Chelsea, MA.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Multipurpose warehouse facility with 47,000 SF of industrial/R&D space; Includes 23,000 SF of second‑floor office space; Facility built in 1987
(617) 204-5975 Call to check price and availability
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